Shigan Competitors

SHIGAN-SM   115.00  4.00  3.36%   
  
Hype
Prediction
LowEstimatedHigh
115.35119.00122.65
Details
Intrinsic
Valuation
LowRealHigh
95.7199.36130.90
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Shigan Quantum. Your research has to be compared to or analyzed against Shigan Quantum's peers to derive any actionable benefits. When done correctly, Shigan Quantum's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Shigan Quantum Tech.

Shigan Quantum Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Shigan Quantum and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Shigan and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Shigan Quantum Tech does not affect the price movement of the other competitor.
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High positive correlations   
EXIDEINDRICOAUTO
RICOAUTORELIANCE
EXIDEINDRELIANCE
RICOAUTOAGROPHOS
EXIDEINDAGROPHOS
EXIDEINDBHARTIARTL
  
High negative correlations   
COSMOFIRSTRELIANCE
RICOAUTOHDFCBANK
AGROPHOSHDFCBANK
HDFCBANKRELIANCE
COSMOFIRSTAGROPHOS
EXIDEINDHDFCBANK

Risk-Adjusted Indicators

There is a big difference between Shigan Stock performing well and Shigan Quantum Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Shigan Quantum's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
RELIANCE  1.05 (0.26) 0.00 (1.92) 0.00 
 1.71 
 5.51 
HDFCBANK  1.00  0.01  0.00  0.05  1.20 
 2.25 
 5.51 
BHARTIARTL  0.94 (0.10) 0.00 (0.88) 0.00 
 1.97 
 7.26 
KINGFA  1.87  0.13  0.07  0.20  1.73 
 4.55 
 9.65 
AGROPHOS  1.89 (0.08) 0.00  0.12  0.00 
 5.03 
 20.41 
RICOAUTO  1.97 (0.17) 0.00 (1.28) 0.00 
 3.36 
 9.85 
GATECHDVR  2.08 (0.07) 0.00  0.38  0.00 
 4.08 
 12.29 
EXIDEIND  1.58 (0.24) 0.00  1.30  0.00 
 3.15 
 10.51 
COSMOFIRST  2.18  0.37  0.12 (1.06) 2.37 
 4.80 
 21.02 
DELTAMAGNT  2.73  0.28  0.09  16.17  2.62 
 8.07 
 19.73 

Shigan Quantum Competitive Analysis

The better you understand Shigan Quantum competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Shigan Quantum's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Shigan Quantum's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
SHIGAN-SM RELIANCE HDFCBANK BHARTIARTL KINGFA AGROPHOS RICOAUTO GATECHDVR EXIDEIND COSMOFIRST
 3.36 
 115.00 
Shigan
 2.65 
 1,218 
Reliance
 2.21 
 1,710 
HDFC
 0.65 
 1,588 
Bharti
 3.93 
 3,510 
Kingfa
 2.39 
 40.38 
Agro
 7.72 
 89.92 
Rico
 1.08 
 0.92 
GACM
 3.72 
 408.95 
Exide
 6.32 
 917.45 
COSMO
Market Volatility
(90 Days Market Risk)
Market Performance
(90 Days Performance)
Odds of Financial Distress
(Probability Of Bankruptcy)
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(Equity Enterprise Value)
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(Average Analysts Consensus)
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Trade Advice
(90 Days Macroaxis Advice)
Net Asset
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Number Of Employees
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Shares Owned By Insiders
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Day Typical Price
Accumulation Distribution
Market Facilitation Index
Daily Balance Of Power
Period Momentum Indicator
Rate Of Daily Change
Day Median Price
Price Action Indicator
Relative Strength Index
Coefficient Of Variation
Mean Deviation
Jensen Alpha
Total Risk Alpha
Sortino Ratio
Downside Variance
Standard Deviation
Kurtosis
Potential Upside
Treynor Ratio
Maximum Drawdown
Variance
Market Risk Adjusted Performance
Risk Adjusted Performance
Skewness
Semi Deviation
Information Ratio
Value At Risk
Expected Short fall
Downside Deviation
Semi Variance

Shigan Quantum Competition Performance Charts

Five steps to successful analysis of Shigan Quantum Competition

Shigan Quantum's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Shigan Quantum Tech in relation to its competition. Shigan Quantum's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Shigan Quantum in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Shigan Quantum's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Shigan Quantum Tech, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Shigan Quantum position

In addition to having Shigan Quantum in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Other Information on Investing in Shigan Stock

Shigan Quantum financial ratios help investors to determine whether Shigan Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Shigan with respect to the benefits of owning Shigan Quantum security.